NCLT approves Silverleaf Capital Services merger into Share India Securities
As filed · Share India Securities Limited has informed the Exchange that the Company on September 07, 2026, has received a certified true copy of the Order of the Hon ble NCLT, Ahmedabad Bench I, approving the S
What happened
FactShare India Securities received a certified copy on September 07, 2026 of the NCLT Ahmedabad Bench-I order approving the amalgamation of Silverleaf Capital Services Private Limited into Share India Securities. The order was delivered on August 20, 2026.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
WithdrawnSo, right now after the Q1 our institutional active clients stand at 212 versus 186 clients till Q4.
So, despite the extreme volatility due to international factors, markets, especially mid-cap, small-cap stocks are extremely volatile.
Change
FactImplication
CapitSignal interpretationDemand
RevisedSo, currently the ratio is around 60% volume being done by clientele business and 40% through PropDesk.
But on the institutional side, that institution team is constantly showing good growth. Every quarter they are able to grow around 15% to 20%.
Change
FactImplication
CapitSignal interpretationGuidance
DelayedSubject to overall market condition, we remain confident of delivering around 20% growth during the current financial year.
So, Rs. 470 crore is the number and by next two years our target is touch four figures, Rs. 1000 crore book we are targeting in next two years.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- Subject to overall market condition, we remain confident of delivering around 20% growth during the current fi (management committed by FY27)
- And going forward also, we are confident that we should be able to do better this year compared to the last ye (management committed by FY27)
Evidence
- Share India Securities Limited has informed the Exchange that the Company on September 07, 2026, has received a certified true copy of the Order of the Hon ble NCLT, Ahmedabad Bench I, approving the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The tribunal approval advances the proposed amalgamation of Silverleaf Capital Services into Share India Securities. The filing does not disclose the scheme’s financial terms or expected economic impact.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%